Pummmp!!!⬆️⬆️⬆️bullish divergence in daily, we go directly to 52k today. shorters will have to buy back their positions otherwise the losses will be colossal
Enjoyyy
Finally BTC brokeout on the upside. Now wait for a retracement to either 40250 or 40650 and enter if it gives a chance. Now BITCOIN is ready to go upside. It might stop at 41533 as that is the 61.8% level. Target is at 43566 and 50k
Prepare for a potential downward correction in Bitcoin! After a strong rally since mid-January, BTC is showing signs of exhaustion and may be headed for a retracement. This idea outlines a bearish trade opportunity based on technical analysis and market factors.
Key Factors:
Overbought conditions: Price has been pushing against key resistance levels, reaching...
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Bitcoin 30-minute chart.
Due to time constraints, I will leave only the main sections.
There is a Nasdaq indicator announcement at 10:30 and...
Clear buy signal from TradingAlpha. If you have been following my streams and read my newsletter, you know that this has become my go to indicator for scanning the market and identifying opportunities.
Green arrow after squeeze shading, breaking track line. Doesn't get much clearer.
The daily chart printed a bullish hammer on Tuesday that has remained a clear reversal signal. Price also bounced off of the lesser used 100 MA, right out of the support zone.
The thing that gives me pause is that RSI has NOT made it down to oversold yet after being overbought with bearish divergence. It always makes it down to oversold eventually, but hard to...
As seen on the Graph, we are above to complete our Abc correction cycle and continue with the Bull-run on BTC.
Prices have been highlighted that are interesting for buy orders.
Wave analysis and patterns have been applied and seen.
Wave 1 is complete of the bull run, then wave 2 of the correction cycle is completing as we can see at the price range from 26K,
So from there our wave 3 impulse or bull cycle is about to start as our flat correction structure is complete, so Im long from here. unless my SL hits but otherwise 30K and above we here.
I want to see the weekly candle close as high as possible, giving us a nice hammer, with a long wick down and small body. It would be amazing to see the body turn grey.
As you know, price bounced almost to the penny at the most key support level on the chart - which was the most key resistance on the way up. $38,600 is an area I was screaming about on the way up...
The cryptocurrency trend was slightly positive over the past 24 hours, as some investors took new positions following the past two weeks of sell off.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Polygon and Chainlink, while the other crypto coins followed by ATTMO will face bearish...
Just a FUN chart.. nothing serious... but it looks like we might just be on the left shoulder as of today Jan 25? or 24?
i dont know, but anyways...
In the coming very near future we might see some nice fluctuations... and then the april run...
In my evaluation of BTC using Elliott Wave analysis, I've observed that following its peak in 2021, BTC underwent a significant correction on a larger timeframe. This correction could manifest as either a flat corrective pattern or an extended wave B. Presently, we find ourselves within sub wave C of the overarching wave B, specifically in wave 4 of sub wave...
FTX sold its holdings in #GBTC, and the value of the 22 million shares was close to 1 billion dollars. Theoretically, if FTX has now finished selling its significant assets, there will be no more selling pressure from this front.
ETFs are assets that facilitate investment and open the doors of traditional finance to #Bitcoin. Therefore, the claim that 'the...
Since the plunge to $38,505 on Monday, Bitcoin has been trending mainly sideways around the critical level of $40,000. Meanwhile, the number of Bitcoin addresses with balances exceeding 1,000 BTC ticked slightly higher; the same applies to the addresses with balances exceeding 100 BTC. On the daily chart, the RSI began to flatten around 35 points, Stochastic...
The current situation for Bitcoin is showing a rebound.
It's crucial to consider the possibility that if the price turns the Range Low.
Which is around $41,400 into a resistance point during this week's rebound.
It could initiate a breakdown process.
Confirming resistance at this level would strongly validate the breakdown scenario.
